A view of China Evergrande Centre, with a billboard advertising the developer’s electric cars, on the waterfront of Victoria Harbour in Hong Kong’s Wan Chai district on 1 September 2021. Photo: Edmond So.
Victor Li’s CK Asset submits bid for China Evergrande’s flagship Hong Kong building in lifeline for distressed developer
- The grade A building, built in 1985, has a total floor area of 345,424 square feet (32,000 square metres)
- At the time of the deal, the building had a 100 per cent occupancy rate, but today this has dropped to mid-70 per cent, according to property consultants Colliers
A view of China Evergrande Centre, with a billboard advertising the developer’s electric cars, on the waterfront of Victoria Harbour in Hong Kong’s Wan Chai district on 1 September 2021. Photo: Edmond So.
